Spreading the truth. Empowering the people.
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Consumers are doing their job only in a lackadaisical manner. But the student-loan scheme is hot. It’s a tough job, but someone’s got to do it: … Read more
via theguardian: The company has won plaudits for its admission of forced labour in the Thai seafood industry but much of the supply chain remains hidden It’s hard to think of … Read more
Children are being trafficked from Vietnam and other countries to perform slave labour on hundreds of cannabis farms across London, experts have warned. New figures released on Monday expose the … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Let the good times roll. Total consumer credit – or less soothingly, consumer debt – rose 4.8% in the second quarter from a year earlier, or … Read more
Authored by John Mauldin via MauldinEconomics.com, Rather go to bed without dinner than to rise in debt. – Benjamin Franklin What can be added to the happiness of a man … Read more
by John Rubino Today’s Wall Street Journal is profiling an orthodontist who has $1 million in student loans, is paying less than the interest that’s accruing, and because of this will … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter I’m shedding a different light on consumer debt. This type of chart is trotted out constantly these days to show that American households are in fabulous … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Total consumer credit rose 5.1% in the first quarter, compared to a year earlier, or by $184 billion, to $3.824 trillion (not seasonally adjusted), according to … Read more
#The MSM is committing “Treason” against the USA they are the modern day “Tokyo Rose” using “Propaganda” against the President and the USA. GB
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Credit problems always appear first at the margins. The new Fed remains a somewhat unknown quantity: There are still four vacancies on the Fed’s seven-member Board of … Read more
It’s a 3 minute video. Here are the points that Dinesh D’Souza makes. As per “The Peculiar Institution” by Kenneth Stamp, the 5 characteristics of life on a slave plantation … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter It was one gigantic party. But wait… Total consumer credit rose 5.4% in the fourth quarter, year over year, to a record $3.84 trillion not seasonally … Read more
by Lily Very interesting little documentary, a period of our history which has been forgotten…..or hidden? The Forgotten European Slaves of Islamic Barbary North Africa and Islamic Ottoman Turkey Published … Read more
By Gabrielle Seunagal HUD Secretary Ben Carson recently attracted media censure after making a controversial remark during his first address to employees. To quote Mr. Carson directly: “That’s what America … Read more